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    11248 Tom Sassman Rd Austin, TX 78747

    For Sale
    $1,695,000

    Prime Austin acreage, multi-use potential, near major roadways.

    Property size:
    2,128 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 28.54-acre commercial property presents a remarkable investment opportunity in a rapidly developing area of Austin, Texas. Situated just minutes south of downtown Austin, this expansive tract enjoys unparalleled access to major transportation arteries, being a half-mile from the intersection of Highways 183, 45, and 130. The property is completely unrestricted, offering flexibility for a wide range of commercial or industrial developments. Alternatively, its unique blend of existing structures and ample space makes it ideal for a contractor seeking a combined home and business location.

    Property Features for 11248 Tom Sassman Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,128 SF
    Lot Size
    1,243,202 SF

    Building Details

    Year Built
    1996
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Hair Salon Wholesale Shop Nail Salon Pharmacy Department Store Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.70053
    Latitude
    30.08707

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Austin acreage, multi-use potential, near major roadways.
    Where is this commercial real estate located?
    The property is located at 11248 Tom Sassman Rd Austin, TX.
    What is the asking price?
    The asking price for this property is $1,695,000.
    (512) 829-2000
    Request Owner's contact information
    11248 Tom Sassman Rd Austin, TX 78747
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    Austin, TX 78747
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11248 Tom Sassman Rd Austin, TX 78747
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